The Best Ways to Start Investment in Mutual Funds

To attain the Ultimate financial independence, the first step to take is proper planning. For planning there are 2 ways, one is to rely on a financial planner and second is financial planning software. Depending on a financial planner is a cumbersome process with uncertainties like the planner’s competence and whether there is a conflict of interest when it comes to his recommendations. In Additions to these there are some other ways to invest in Mutual fund Investment. They include:

Through Mutual Fund Distributors and Agents

Mutual Fund Distributors and agents are friendly advisors who come to your home and advice you about the importance of Mutual fund investment. This process is quite convenient because the agents come to your house, take some signatures and your cheque and do the running around you. The only disadvantage is the payment of trial commissions to the agents may vary and become a burden for you.

Direct Investments Through the Fund House:

In this process you can invest through online website or you can go to the fund house office and fill up the form for direct investment. It is a hassle free process as your NAV is marginally higher than the normal plans and even a 1% difference in NAV can be a huge sum over a long period of time. The only disadvantage with this process is you have to fill multiple forms if you have to invest in multiple schemes from multiple AMCs.

Investments through Transfer Agencies:

There are many mutual funds transfer agencies like CAMS and Karvy. These agencies allow you to make your direct plans as well as investments through agents under one roof. These have a huge collection of application forms of many AMC’s.

Investments Through Demat Accounts:

Many banks like ICICI Direct or Sharekhan or Geojit indirectly act as the mutual fund agent indirectly and they provide the mutual fund investment through Demat Account. But this is a very expensive investment because these channels charge extra processing fee along with the trial commission.

so, to avoid all these hassles and easily invest in mutual funds by knowing about the mutual funds please visit https://www.wixifi.com/blog/index.php/all/strategy/how-to-start-investing-in-mutual-funds-the-various-ways-in-which-you-can-invest-in-mutual-funds/

Important Tips to Analyze the Best Portfolio Manager

If you are planning for a personal finance you mostly use the following in Google: “Which is the best fund? “Which is the best term insurance?, “Who is the Best Portfolio Manager?”, “Best xyz Product…” and so on.  But the main aspect is the personal in the personal finance. Choosing the best portfolio manger depends on the following Aspects.

Asset Class

Anyone who manages the portfolio related to mutual funds can be called portfolio manager. The underlying asset class will influence a lot on the requirements of a good portfolio manager. Someone who can manage an amazing real estate portfolio will be a miserable failure when it comes to equities and vice versa.

Investment Style

There are several different styles of Investment out of which growth investing and value investing are two opposing yet equally successful models. Each and everyone have a unique style of investment. Some of them follow growth investing style, others may follow value investing. Investors may also combine both of them and follow a completely new model of investment to achieve great returns.

Performance

In Simple terms, a best portfolio manger is the one who gives you superior returns for your investment. We all wish to see the growth of our money as fast as possible in a low time. But there problems related to performance out of which the first one is downside protection, which is nothing but how much lesser does your fund fall as against its benchmark index, when markets fall. Also, another problem with performance is that past performance may not be a good indicator of future performance. This is especially true in today’s world when global events can influence stock markets over night.

You

You are the main aspect to consider in mutual fund investment in India. In India, equities and equity mutual funds offer tax free returns after one year.

At Wixifi, we analyze your situation in detail by considering the above mentioned aspects and come up with personalized recommendations that are best suited to help you in your unique journey towards financial freedom. For more details please visit https://www.wixifi.com/blog/index.php/all/strategy/who-is-the-best-portfolio-manager/

Best Financial Planning Software to Buy Funds Online

To attain the Ultimate financial independence, the first step to take is proper planning. For planning there are 2 ways, one is to rely on a financial planner and second is financial planning software. Depending on a financial planner is a cumbersome process with uncertainties like the planner’s competence and whether there is a conflict of interest when it comes to his recommendations.

To overcome all these problems, Wixifi is the best and comprehensive financial planning software which will study your financial situation in detail and allows you to give details about your assets, liabilities, expenses and income. In this software award winning algorithms are used and implemented to churn out the best set of investment recommendations that are best suitable for you.

Before buying a mutual fund, you should do an extensive research on the following aspects which include the information about Fund Manager, expense ratio and portfolios turn over. After these you have to buy a direct plan which gives high returns to you. To facilitate you with these aspects wixifi is providing the best financial planning portfolio. The passive investment platform of wixifi gives you a low fee index in your trading account by buying the underlying stocks.

You can be the best portfolio manger in the journey to achieve your financial freedom. Wixifi helps you to gain knowledge about the mutual funds investments and gives answers to questions like

·         Which is the Best Fund?

·         Which is the best term insurance?

·         Who is the best portfolio manager? And so on.

Wixifi is the best port folio manager which offers a disciplined approach towards investment. With the help of powerful algorithms, it analyses you situations and give back the best recommendations that are suited to you and make you the owner of your own financial portfolio. For more details please visit https://www.wixifi.com/

Significance and Benefits of Investing in Mutual Funds

If you are new to mutual funds scheme, many doubts will arise about the ways of investing in mutual funds. You can invest in any mutual funds scheme either online or offline. There are few steps to follow during online and offline investment. You will require the following documents: Photograph, PAN card, Name and Address proof, Bank Account Details and KYC Compliance. You can invest in any mutual fund through various channels. These channels include

Investing through Online Modes

This is the era of smart phones and tablets all the websites are easily being transformed to mobile applications. Wixifi is one such app which helps you to invest through mobile and provide additional features like managing our investment anywhere and anytime and also switching from one scheme to other with just a simple sms.As you see above the process of investing online is easier and safer than that of offline. So as to reduce the complexity of investment process wixifi.com has developed a portfolio manager to manage your investment schemes easily.  It is the best financial planning software used to plan your investment.

Wixifi Asset Management in India provides a comprehensive range of investment management solutions to a diverse client base and is committed to delivering consistent investment performance, world-class service and a broad range of solutions for all types of investors. Our range of offerings in India comes under two broad categories Mutual Fund and Portfolio Management Services. To know more visit us at https://www.wixifi.com/

Major Benefits of Mutual Funds

How Do Mutual Funds Work?

A mutual fund is a company that pools money from many investors and invests the money in stocks, bonds, short-term money-market instruments, other securities or assets, or some combination of these investments. The combined holdings the mutual fund owns are known as its portfolio. Each share represents an investor’s proportionate ownership of the fund’s holdings and the income those holdings generate.

Characteristics of Funds:

Some of the traditional, distinguishing characteristics of mutual funds include the following:

• Investors purchase mutual fund shares from the fund itself ,instead of from other investors on a secondary market, such as the New York Stock Exchange
• The price that investors pay for mutual fund shares is the fund’s per share net asset value (NAV) plus any shareholder fees that the fund imposes at the time of purchase (such as sales loads.
• Mutual fund shares are “redeemable,” meaning investors can sell their shares back to the fund
• Mutual funds generally create and sell new shares to accommodate new investors. In other words, it sells its shares on a continuous basis, although some funds stop selling when, for example, they become too large.
• The investment portfolios of mutual funds typically are managed by separate entities known as “investment advisers” that are registered with the SEC.

How funds can earn money for you?

 You can earn money from your investment in three ways.

1. Dividend Payments: A fund may earn income in the form of dividends and interest on the securities in its portfolio. The fund then pays its shareholders nearly all of the income (minus disclosed expenses) it has earned in the form of dividends
2. Capital Gains Distributions: The price of the securities a fund owns may increase. When a fund sells a security that has increased in price, the fund has a capital gain. At the end of the year, most funds distribute these capital gains (minus any capital losses) to investors.
3. Increased NAV: If the market value of a fund’s portfolio increases, after deduction of expenses and liabilities, then the value (NAV) of the fund and its shares increases. The higher NAV reflects the higher value of your investment.

 With respect to dividend payments and capital gains distributions, funds usually will give you a choice: the fund can send you a check or other form of payment, or you can have your dividends or distributions reinvested in the fund to buy more shares.

Wixifiis the only robo investment advisory service in India. It advises you on how to build a well-diversified, continuously rebalanced tax optimized low cost portfolio through a web platform (and mobile app in the future). As very few low cost index funds are available in India Wixifi’s cutting edge technology gives you the exact share count to replicate indices in the lowest cost possible. All products offered are with a view to the core values of the company which are low cost, ethical advice and great technology https://www.wixifi.com/